On August 29, Jiangsu General Science Technology Co., Ltd. and Korean Daeyang Environment Co., Ltd. formally signed a cooperation agreement, indicating that they would develop substantive cooperation on RTO project.

RTO is a kind of high-efficiency organic waste gas treatment equipment featuring with high thermal efficiency (≥95%), low operation cost and the ability to dispose waste gas with large volume and medium or low concentration when compared with traditional VOCs treatment devices, which not only effectively improves the waste gas treatment, but also significantly lowers operating costs.

According to information, China Securities Regulatory Commission approved the application of Jiangsu General Science Technology Co., Ltd. for private issuing of stock on August 20. Thus its high-performance intelligent all-steel radial tire project with annual output of 1.2 million units has been on the agenda.